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S&P 500
5,454.89
(
0.13%
)
US TECH 100
19,054.00
(
0.50%
)
Dow Jones
39,345.50
(
-0.17%
)
Brent Oil
84.85
(
-0.50%
)
Bitcoin
61,113.84
(
1.41%
)
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POKERSAM

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POKERSAM

Re: None

Monday, 06/01/2009 11:13:48 AM

Monday, June 01, 2009 11:13:48 AM

Post# of 31925
943.85 is resistance. I bought calls early and now have a strangle. 4 weeks with no breakout can go wither way. My belief was that it would be down. You have to be psychologically prepared for either way and have a plan. Movement is a good thing.
Big rally on the day GM takes bankruptcy, seems odd. Shows the power of hope. GM's new boss, Obama, is a real car guy. The company is in good hands.
Now the new saying "What's good for Government Motors is good for the USA taxpayer".
This is a pretty clear summation of the mess.

http://news.yahoo.com/s/ap/us_automakers




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